Hong Kong protestors buy Bitcoin over fears of mainland control Protests against a controversial extradition law resulted in Bitcoin trading at a premium in Hong Kong. BTC has been trading between $75 and $160 over the global average on local exchange Tidebit, with many experts believing an even bigger premium will follow. […]
Gitcoin and ConsenSys Labs partner for Beyond Blockchain hackathon
Gitcoin and ConsenSys Labs partner for Beyond Blockchain hackathon Gitcoin and ConsenSys Labs will host a three-week virtual hackathon called Beyond Blockchain from June 24–July 10. The event gives participants the chance to win prizes in Ethereum and ERC-20 tokens posted as bounties on Gitcoin. According to the announcement, the event focuses on bringing […]
Cryptocurrency: India Deny Existence Of Blanket Ban Bill
Cryptocurrency: India Deny Existence Of Blanket Ban Bill If you’ve been keeping up to date with the crypto space over the past few weeks then you will have heard about India’s ‘proposed’ blanket ban over cryptocurrencies in the nation. This blanket ban would make ownership of Bitcoin and altcoins completely illegal and if found […]
3 Major Indicators the Altcoin Season Might Skip a Year
3 Major Indicators the Altcoin Season Might Skip a Year It has been a very interesting week for Bitcoin in the price department. The same can’t always be said about the altcoins, as they need a bullish Bitcoin to note any real gains of their own. This week, it became apparent that some […]
New Milestone for Bitcoin: Over One Million Daily Active Addresses
New Milestone for Bitcoin: Over One Million Daily Active Addresses The number of active addresses on the Bitcoin blockchain has recently surpassed one million, a figure the flagship cryptocurrency hasn’t seen since late November of 2017, when it was on its way to an all-time high close to $20,000. The number of daily active […]
3 Reasons why BitMesh’s Removal of XRP Won’t Matter Much
3 Reasons why BitMesh’s Removal of XRP Won’t Matter Much There are dozens of cryptocurrency exchanges and trading platforms around the world. Some companies have a better reputation and reach than others, which is only normal in this nascent industry. BitMesh, while not the most popular exchange, will delist various trading pairs. One of […]
Coinbase Spotify and eBay Reportedly Among List of Corporate Giants Backing Facebook’s New Cryptocurrency
Coinbase, Spotify and eBay Reportedly Among List of Corporate Giants Backing Facebook’s New Cryptocurrency Facebook’s upcoming cryptocurrency, aka “GlobalCoin” and “Libra”, will reportedly be governed by a new consortium of corporations and non-profit organizations. The social media giant established the Libra Association to include over a dozen companies that will act […]
Cardano Updates Its Roadmap What’s In For Investors?
Cardano Updates Its Roadmap – What’s In For Investors? Cardano (ADA), the proof-of-stake (PoS) blockchain network built on peer-reviewed academic research, is being developed into a decentralized application (dapp) development platform with a multi-asset ledger and verifiable smart contracts. Cardano’s blockchain aims to be highly scalable, interoperable, and sustainable for real-world applications on an […]
Facebook’s Crypto Division Brings on Uber Visa amp PayPal as Backers as Globalcoin Nears
Facebook’s Crypto Division Brings on Uber, Visa & PayPal as Backers as Globalcoin Nears Facebook Bags Investments With Uber, Visa, PayPal For Venture Traditional fintech firms, save for Bitcoin pundit Jack Dorsey’s Square, have been slow to adopt cryptocurrency. While PayPal has dabbled in the arena, purportedly launching a digital token for internal testing […]
Shadow Banking Explained: How Crypto Companies Play With Money in the Dark
Shadow Banking Explained: How Crypto Companies Play With Money in the Dark In the narrative fabric of 2019, a common thread has been the vulnerability and counterparty risks of centralized exchanges and their detrimental effects on clients caught in the crossfire of hacks, mismanagement and fly-by-night fraud. Barely into the new year, […]